Based on the H4 chart analysis, we can see that the price is nearing our buy entry at 1.2756 which is an overlap support level that aligns with 61.8% Fibo projection and 127.2% Fibo extension. Our take profit will be at 1,2833 which is a pullback resistance level. The stop loss will be set at 1.2664, which is an overlap support level. Please be advised that the...
2023.8.1 US crude oil is about to hit strong pressure! Hello, I'm Older Duan. Today is Tuesday, August 1st 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the U.S. Dollar Index is about...
GBPUSD / 1D Hello traders, welcome back to another market breakdown. GBPUSD has been trading in a bullish trend, the price is back to the previous S/R level which might offer support. I'll be watching over this pair on lower time frame to see if I can get my trigger. Trade safely, Trader Leo
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GBPUSD pair price action which suggests a high likelihood of a coming move up. ❤️ Please, support our work with like & comment! ❤️
2023.7.31 US dollar cross star, non US currency precious metals rebound slightly, US crude oil is tight Hello, I'm Older Duan. Today is Monday, July 31st 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As...
My dear subscribers , This is my opinion on the GBP/USD next move: The asset is approaching an important pivot point 1.28380 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.29023 My Stop Loss - 1.28017 About Used Indicators: A...
Thu Aug 3 10:00am CHF CPI m/m -0.1% 0.1% 2:30pm GBP BOE Monetary Policy Report GBP MPC Official Bank Rate Votes 7-0-2 7-0-2 GBP Monetary Policy Summary GBP Official Bank Rate 5.25% 5.00% 3:00pm GBP BOE Gov Bailey Speaks
Hello,Traders! GBP-USD is trading in a Strong uptrend along the Long-term rising support And now the pair is about To retest the support from Where a rebound is To be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear subscribers , Please, find my technical outlook for GBP/USD below: The price is coiling around a solid key level - 1.28783 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.29748 Recommended Stop Loss - 1.28226 About Used...
Based on the H4 chart analysis, we can see that the price is currently at our buy entry at1.2760 which is an overlap support level that aligns with 61.8% Fibo retracement and 61.8% Fibo projection. Our take profit will be at1.2946, which is a pullback resistance level. The stop loss will be set at 1.2594, which is an overlap support level." Please be advised...
GBPUSD had a technical rejection at the top of the Channel Up. The 1day MA50 is the Support at the bottom of the Channel Up, as it has been intact since June 8th. This is a buy opportunity. Target the standard +4.30% rise at 1.3300. Previous chart: Follow us, like the idea and leave a comment below!!
GBP/USD Surges to Over One-Week High Amid USD Retracement and Positive Market Sentiment The GBP/USD pair has enjoyed a remarkable upward trend, marking its third consecutive day of gains and reaching a one-week high. The ongoing retracement slide of the US Dollar (USD) from a two-week peak has acted as a favorable force for the pair. However, cautiousness is...
OANDA:GBPUSD Hello traders, This is my Gbpusd trade idea. Just as i predicted last week that GU will likely buy this week in lower time frames, now it seems GU is ready to start this week bullish run, hence this setup. Reasons Behind The Setup: Daily structure is bullish Price retrace to discount price levels on daily Retest old high on daily. ...
2023.7.27 gold breaks against the upper limit Hello, I'm Older Duan. Today is Thursday, July 27th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the U.S. Dollar Index weakened for...
Based on the H4 chart analysis, we can see that the price is approaching our sell entry at 1.2998, which is a pullback resistance level that aligns with 61.8% Fibo retracement. Our take profit will be at 1.28805, which is a pullback support level. The stop loss will be set at1/3084, which is a above 76.8. Fibo retracement level. Please be advised that the...
My dear subscribers , This is my opinion on the GBP/USD next move: The price is coiling around a solid key level - 1.29116 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.28191 Safe Stop Loss - 1.29601 About Used Indicators: A...
GBPUSD - Classic bullish formation - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Buy GBPUSD Entry - 1.28993 Stop - 1.28306 Take - 1.30028 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️
Hello,Traders! GBP-USD is trading in an Uptrend and the pair is Making a rebound from the Support confluence of the Rising and horizontal support Lines so I am expecting A bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!